2, GOLDCREST CLOSE, BINGHAM, NOTTINGHAM, NG13 8QQ - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GOLDCREST CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £297,239. It was last sold for £215,000 in February 2018, which was around 4% below the average February 2018 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 GOLDCREST CLOSE Sold Prices

Land registry data shows four sales for 2 GOLDCREST CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 2 GOLDCREST CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 FEB	£215,000	£225,084	4% below HPI
2009 3 AUG	£142,500	£160,401	11% below HPI
2003 3 MAR	£119,950	£133,844	10% below HPI
1999 17 DEC	£78,950	£72,659	9% above HPI

2 GOLDCREST CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 2 GOLDCREST CLOSE sales between December 1999 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 GOLDCREST CLOSE be worth now?

2 GOLDCREST CLOSE might now be worth an estimated £297,239.

This is based on house price inflation of 38.3%, between February 2018 and February 2025, for semi-detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.3% inflationary increase is applied to the most recent sale price for 2 GOLDCREST CLOSE of £215,000 on 16th February 2018. For the value to have increased from £215,000 to £297,239 over the seven years to February 2025, the following assumptions must hold true:

• The value of 2 GOLDCREST CLOSE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The February 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GOLDCREST CLOSE has not materially changed since February 2018.

How Large is 2 GOLDCREST CLOSE?

2 GOLDCREST CLOSE is 66m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of semi-detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bingham, and where 2 GOLDCREST CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 GOLDCREST CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bingham.

2 GOLDCREST CLOSE: Plot and Title Map

2 GOLDCREST CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 2 GOLDCREST CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 GOLDCREST CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 GOLDCREST CLOSE?

2 GOLDCREST CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 2 on GOLDCREST CLOSE.